South African workers union to strike at Petra Diamonds’ Koffiefontein mine
The National Union of Mineworkers said on Thursday its members would go on an indefinite strike at the mine over wages, benefits.
Latest Stories
New chairman set to test BHP’s commitment to Jansen potash
Ken Mackenzie vowed "to bring a fresh perspective to management’s ongoing process of reviewing the portfolio" and "the way we allocate cash".
Gold sinks below $1,300 after Fed ends era of easy money
From next month the US Federal Reserve will shrink the $4.5 trillion balance sheet it built up following the 2008 financial crisis.
Endeavour to add 14 years to Ity mine life as it kicks off plant construction
The Ity mine, in Côte d’Ivoire, has produced more than 1.2 million ounces of gold in its over 20 years of operations.
Indian billionaire Agarwal to be Anglo American’s top shareholder
He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.
Tanzania orders wall built around tanzanite mines, purchases of stones
President John Magufuli also directed the central bank to buy the precious stone to boost reserves — the latest twist in a spat with mining firms over alleged tax evasion.
A day for the zama zamas: Illegal gold mining in South Africa
Zama zamas earn a pittance for work that puts their lives at risk on a daily basis
Washington buys Dominion Diamond for $1.2bn as investors ok sale
Transaction gives the US-based buyer full ownership of Canada’s Ekati diamond mine and a 40% stake in Diavik, which is operated by Rio Tinto.
Stellar Diamonds seeks to fund first post-Ebola mine in Sierra Leone
The operation would be second biggest diamond mine in Sierra Leone.